What does Hotiday do?
Hotiday is a traveltech startup based in Milan, Italy that transforms unsold hotel inventory into customized travel experiences by blending technology, design, and personalized service with a proprietary revenue management system and advanced data analytics.
How much did they raise?
The company raised €5.5M in a funding round led by P101 SGR, with participation from 40Jemz and angel investors, marking a significant milestone for its growth.
What are their plans for the money?
Hotiday plans to use the funds to open new locations in major European resorts and cities, expand the range of services offered to partner hoteliers, and grow its team, which could further optimize hotel revenue and enhance the travel experience across Europe.
What have they achieved so far?
In the last year alone, Hotiday successfully hosted over 33,000 guests across more than 90 tourist destinations, demonstrating its effective approach in addressing the challenges of unsold hotel inventory and revenue management.
